GREY:FASDF - Post by User
Comment by
Smiles48on Sep 23, 2016 9:07pm
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Post# 25272820
RE:RE:RE:RE:RE:RE:RE:RE:RE:Fantasy Aces Receives NY Temporary Permit
RE:RE:RE:RE:RE:RE:RE:RE:RE:Fantasy Aces Receives NY Temporary Permit In my opinion, every time there will be news, the MM will generate buying in the first hour to attract new buyers, then all of a sudden big empty hole on the bids.
Think about it, no matter what great news will come, the new entity alone will have 60,000,000 free shares that we will value at 0.065 or 0.07.
If I was them I would profit from every opportunity to cash in. The pre split share holders are out, the only players left are the ones buying today at the same price as the closing price of the fantasy feud deal and insiders of course that gave themselves shares at zero cost.
WHY did they not make the deal at 0.10??????????? To eliminate previous players?
The funny thing is this deal does not guaranty them an immediate revenue, only in Q4 do they hope for a modest profit. What they are actually saying is we will need money in the very near future, in the form of more dilution or a partner's involvement. Either case will bring the share count at 150,000,000-200,000,000 outstanding shares!!!!!!
Again, imho.